Lion One Metals is currently drilling with two rigs and surface sampling various high-priority targets. In a news release, Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced it recommenced surface sampling in the new Navilawa tenement and began diamond drilling at a "newly defined high-grade target called Biliwi," also located in the Navilawa tenement at its Tuvatu gold project on Fiji.The f...Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
For weeks now, we've been warning that the ongoing melt-up in the markets isn't sustainable. The higher it shoots, the more painful the inevitable correction will be. Well, yesterday (Thursday, June 11) was certainly painful. This came as a rude awakening to the many new retail investors who have been piling into stocks (and much riskier call options!) in the later days of this melt-up, which is a...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
Economics is called the dismal science for a reason. It is often imprecise and almost always open to seeing what you want to see. [Read: politics!] In many ways economics remains an art. However, the economic situation that besets us all now is much more than about art and politics - it's about how we live for the foreseeable future. Are we witnessing a recovery? If so, what kind of recovery? Dani...Read More
An anonymous history professor at U.C. Berkeley has penned an open letter against the current narratives of racial injustice underpinning the BLM movement and ongoing protests over the death of George Floyd.Continue...Read More
133 days after Twitter "permanently" banned Zero Hedge on January 31, the social network has reinstated us after admitting it made an error.Continue...Read More
Credit Bubble Bulletin's Doug Noland saves the rest of us a lot of time by digging through the Fed's quarterly financial reports and presenting the results in an understandable form.Continue...Read More
Dr. Fauci and the Scarf Lady are not the only Virus Patrol miscreants spreading the Covid Hysteria and thereby empowering the authorities to keep suffocating everyday economic life and personal liberty in America.Continue...Read More
"In accordance with the principle of putting the safety of the masses and health first, we have adopted lockdown measures for the Xinfadi market and surrounding neighbourhoods." Continue...Read More
Widespread lockdowns across the country shuttered many small businesses for months. Stores, factories, and many other companies closed due to government-enforced public health orders or because Continue...Read More
Money managers who are tapping federal aid for bailouts are being criticized roundly, with many suggesting that firms like "Downtown" Josh Brown's Ritholtz Wealth management return the funds. Continue...Read More
The first graph gives you a glimpse of the "huge jobs rebound" that shocked the stock market into spurting past its 200 DMA barriers because retail investors and algos aren't looking past the headlines.Continue...Read More
Time Stamp References:0:33 - Market sentiment and extreme leverage.2:38 - Put/Call ratio and market trends.5:08 - Blow off top?7:30 - Bullish formation for gold.8:35 - Silver levels for a breakout.9:55 - Expectations for oil.11:43 - Natural gas and fear in markets.13:10 - Covid 2.0?15:20 - Everything seems to be bullish for gold.16:00 - Another sell-off a double-dip?Tom welcomes Chris the founder...Read More
The proposed changes to existing EU safeguard measures for hot-rolled coil would result in a drop in import volumes and consequently injure independent distribution in Europe, Italian steel distributors' association Assofermet said in a letter to the European Commission (EC).In late May, the EC presented a draft of the new safeguard measures to the World Trade Organization, which will go into effe...Read More
The European Commission (EC) has initiated an anti-subsidy investigation into hot-rolled coil imports from Turkey, it said on Friday June 12.The EC concluded that the European steel association, Eurofer, had provided sufficient evidence that Turkish HRC producers have been benefiting from a number of subsidies. Eurofer lodged a complaint to the EC on April 30 this year."The alleged subsidy pr...Read More
GFG Alliance will cut jobs following a drop in demand for steel due to the pandemic which has had a significant, lasting impact on the economies of the countries in which it operates, it said on Thursday June 11. The company announced the headcount reduction alongside an "accelerated investment program" and is implementing a global efficiency drive to help adjust to a new post-pandemic market envi...Read More
The London Metal Exchange recently reiterated its willingness to facilitate spot trading of low carbon aluminium. While not a new concept for the exchange, it would serve two important purposes. First, it would provide more transparent, digitalized data on the specification of its aluminium brands and determine whether people are actually paying more for low carbon metal. Second, it would pro...Read More
Just over a year ago, US Section 232 tariffs against imports of aluminium from Canada were removed. Now there are calls to reintroduce them.The American Primary Aluminum Association (APAA), which represents US producers Century Aluminum and Magnitude 7, says that Canadian imports have "surged" since the tariffs were removed and are threatening the viability of the US primary aluminium industry.&nb...Read More
An expected shortfall in Brazilian supply of high-grade iron ore will likely result in 2020 becoming a boom year for Australian miners.While Brazilian miner Vale, a key producer of high-grade iron ore fines and pellets, is maintaining its production guidance despite a suspension of operations at its Itabira mining complex, many market participants in Asia are expecting a shortage of Brazil-origin...Read More